Amazon’s holiday sales surge, while tax bill gives it a profit one-time boost

Amazon (AMZN) stock rose in after hours trading, up 6%. The stock has risen sharply of late, making founder Jeff Bezos the richest man in the world. It closed Thursday at $1,390, up 65% from a year ago. For all of 2017 Amazon made $177.9 billion in sales, a 31% increase. In spite of the …

Continue reading “Amazon's holiday sales surge, while tax bill gives it a profit one-time boost”